Posts tagged with "bankruptcies"



SMEs: national solvency measures in the wake of COVID-19 pandemic helped companies avoid bankruptcies
Economy · 05. November 2021
At the end of October 2021, the European Commission published a report on national solvency measures for SMEs.

Economy · 05. November 2020
This pandemic and the restrictions to contain it have achieved what the passing of the years and other crises have failed to do for many century-old and historic bars: their closure. September brought about a 78% increase in the number of bankruptcies in the hotel and catering industry. Furthermore, this loss cannot be compensated for by entrepreneurial activity, which has not only…

Economy · 10. August 2020
The number of filed bankruptcy petitions also decreased month-on-month. In July this year, 54 bankruptcies of commercial companies, 605 bankruptcies of natural persons, entrepreneurs and 1,391 personal bankruptcies were declared. The number of bankruptcies thus decreased month-on-month. At the same time, 53 petitions for the bankruptcy of companies, 570 petitions for the bankruptcy of natural persons and entrepreneurs and 1,508 petitions for personal bankruptcy were filed. The number of...

Economy · 19. June 2020
We are gradually returning to a state of normality, which, while not new, will be different. Beyond the landscape of faces at a distance of one and a half metres and covered by masks, the business world is obviously faced with limitations in terms of capacity, protective screens and constant cleaning and disinfecting of fitting rooms, chairs, tables and premises. What is not so obvious is that it will live pending the evolution of consumption, a possible new closure of the financing flow and...

Economy · 25. May 2020
After 10 years of decline in corporate insolvencies, the corona crisis will cause significantly more companies in Germany to slide into bankruptcy again in 2020, according to projections by the information service provider CRIFBÜRGEL. Last year, a total of 19,005 companies applied for bankruptcy; the number of insolvencies had therefore fallen for the tenth time in a row in 2019. "For the current year, however, we expect a significant increase at CRIFBÜRGEL. Assuming that the effects of the...